Switzerland claims foreign investments

Switzerland should return attractiveness for foreign companies, as stated by Daniel Küng, CEO of Switzerland Global Enterprise, the newspaper Le Matin Dimanche.

The number of settlements in the Swiss nation returns to increase "already this year or next," says the entity responsible for promoting Switzerland's economy. Küng believes that uncertainty of these years will disappear in the coming months. It cites the taxation of profits and the end of the possibilities to evade taxes offered to companies by OECD member countries. The Switzerland's competitors can be found at the same level.

According to the latest available data, the number of foreign companies in Switzerland declined last year to 264, 10 units less than in 2014. Confederation and cantons invest annually about 5.4 million Swiss francs in the Promotion Activities.

What do you think about this article? Leave your point of view on Facebook